Chapter 256 - Lynch (2) – PART 1
Gun-Ho and Attorney Young-Jin Kim followed Ms. Angelina Rein to a small meeting room. Gun-Ho sat at the table facing the vice president—Mr. Brandon Burke while Attorney Kim was sitting at the opposite side of Ms. Angelina Rein facing her.
Mr. Brandon Burke talked first while looking at Gun-Ho.
“We came this far Mr. Gun-Ho Goo. We are so pleased to have a good business partner.”
“I am very delighted as well to have a chance to work with a global company like Lymondell Dyeon.”
“We have constantly talked about the terms of the joint venture, so I guess we have only a few things left to discuss. We already prepared the necessary paperwork here. Here is the gist of its content for you to read.”
The vice president— Mr. Brandon Burke showed the contract along with a summary of the contract content to Gun-Ho.
<Main Contents>
1. The joint venture’s authorized capital will be 20 million dollars and the paid-in capital will be 10 million dollars. Investment in kind is allowed.
2. The initial investment fund is 1 million dollars. Once the contract is signed by both parties, each party will contribute 50,000 dollars in cash within a week from the date of the contract.
3. The duration of the joint venture is 20 years. If both parties agree, a patent license agreement can be made after the duration of the joint venture expires, by a written agreement.
4. A director’s term is 2 years. The president of the joint venture can be appointed by either party.
5. Material matters must be determined by the board of directors.
Gun-Ho requested to name the joint venture as GH Chemical so they could effectively appeal to the Asia markets such as China and Southeast Asia, but, Lymondell Dyeon didn’t accept it. They were adamant about naming the joint venture differently. Accordingly, they wanted to make an addendum to the contract stating that the joint venture’s name would be Dyeon Korea. It would also state that they could change the name of the company when they would make a patent license agreement.
Gun-Ho was also having second thoughts about the name of the joint venture.
‘Dyeon Korea is okay. Maybe it is better that way. Dyeon is a highly known name in the world, so maybe that would help our sales. Okay, Dyeon Korea, as it is.’
“So, do you agree to name the joint venture as Dyeon Korea?”
“Yeah. It is nice walking in the evening.”
“Would you like to have a cup of tea before we go up to our rooms?”
“Sure. I want to hear your getting-beat-up story.”
Gun-Ho and Young-Jin went to a café inside the hotel and ordered a black tea.
After Gun-Ho told the entire story about him being beaten up by a gangster, Young-Jin nodded his head and said,
“Yeah. It seems like there has to be someone behind it. If we don’t find out who sent those people to you, another attack could ensue.”
“I agree with you. I told the police that I don’t want to press charges because I had other urgent things I had to take care of. But, once I go back to Korea, I want to request a reinvestigation.”
“Hmm.”
“I didn’t want to press charges at that time because I had to come to Seattle for the contract signing. I didn’t want to make unnecessary noises by filing a complaint, and also by being sued by those people. The police would have asked me to come to the police station all the time for their investigation. Moreover, the guy who got beat up by Manager Jong-Suk Park was injured more than me or Jong-Suk. Once we make it a big deal, it would have become more troublesome to us. Of course, we would be able to prove that they were the ones who attacked us first since there is CCTV in the hotel.”
“It’s surprising.”
“What is?”
“You. You are so calm and patient even in this situation.”
“Don’t be silly!”
“No, I’m serious. There are several clients in our law firm, who are really rich. Do you know what they have in common? It’s self-control just like you do. They don’t burst with anger. They even talk slowly.”
“Cut it out, man. Just focus on the incident that I just told you.”
“You don’t even need an attorney for this case. An attorney is required when there is a dispute, but in your case, there is nothing to dispute. It is an obvious criminal case. Congratulations. You will make a lot of money in exchange for a few stitches on your forehead. Well, you do have special luck in your life to make money.”
“I don’t care about being beaten up by small fish. I want to know who sent them to me.”
“So, you want to let them lower their guard thinking that it was a successful attack without being accused, and then you want to surprise them by attacking.”